{"id":6489,"date":"2013-01-17T15:29:42","date_gmt":"2013-01-17T11:29:42","guid":{"rendered":"http:\/\/www.iolr.org\/?p=6489"},"modified":"2013-01-17T15:29:42","modified_gmt":"2013-01-17T11:29:42","slug":"can-it-be-and-worse","status":"publish","type":"post","link":"https:\/\/www.iolr.org\/?p=6489&lang=en","title":{"rendered":"Can it be and worse?"},"content":{"rendered":"<p><span style=\"font-size: large;\">An American writer and author of the book &#171;The Oil Curse: How Petroleum Wealth Shapes the Development of Nations&#187; Prof. Michael L. Ross worries about possible economic consequences of the upcoming presidential election in Azerbaijan.<\/span><\/p>\n<p><span style=\"font-size: large;\">\u201cTo make themselves more popular\u201d, he says, governments \u201coften spend vast amounts of money during election years, which causes their economies to suffer once the election is over\u2026.\u201d<\/span><\/p>\n<p><span style=\"font-size: large;\">Ross said that countries which have more oil tend to have governments that are more secretive, often hiding corruption.<\/span><\/p>\n<p><span style=\"font-size: large;\">\u201cIn Azerbaijan, the problem is even worse than in many other oil-rich countries. Not only is there a lack of transparency in the central government&#8217;s budget, but a lot of money is spent through SOCAR, which is even less transparent\u201d, he added.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An American writer and author of the book &#171;The Oil Curse: How Petroleum Wealth Shapes the Development of Nations&#187; Prof. Michael L. Ross worries about possible economic consequences of the upcoming presidential election in Azerbaijan. \u201cTo make themselves more popular\u201d, he says, governments \u201coften spend vast amounts of money during election years, which causes their [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-6489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.iolr.org\/index.php?rest_route=\/wp\/v2\/posts\/6489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iolr.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iolr.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iolr.org\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iolr.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6489"}],"version-history":[{"count":3,"href":"https:\/\/www.iolr.org\/index.php?rest_route=\/wp\/v2\/posts\/6489\/revisions"}],"predecessor-version":[{"id":6492,"href":"https:\/\/www.iolr.org\/index.php?rest_route=\/wp\/v2\/posts\/6489\/revisions\/6492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iolr.org\/index.php?rest_route=\/wp\/v2\/media\/6486"}],"wp:attachment":[{"href":"https:\/\/www.iolr.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iolr.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iolr.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}